IEC 0.00% 0.2¢ intra energy corporation limited

Ann: Investor Presentation, page-5

  1. 7,842 Posts.
    lightbulb Created with Sketch. 155
    LOL!Yes well I did have Liontown shares at about 10c once upon a time. Bit of a mistake selling that one but oh well.All this dilution will mean they aren't worth anything by the time I die. Like other stocks I've owned, the story will go like this...... Dilution, dilution, dilution, share consolidation, dilution, dilution, share consolidation, now holding an unmarketable parcel and kicked off the register.
    Happened with IMI and just happened with MGT (formerly ROY) The company kicks on but $$$ down the toilet for me. What I've learnt from 2007 when I first invested was this....
    1) Buy blue chick stocks that pay a dividend.
    2) Allocate a small amount of money to spec stocks and don't fall in love with a stock.
    3) Take money off the table on the way up or better still, sell half and free carry the rest.
    Recon I have any chance of seeing 2c - 2.5c in this stock?Or am I just living in hope?
    Last edited by GoNuke: 31/05/23
 
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